Just like that, my prediction was accurate! ☺️

At least, one of them was this time

Good afternoon, frens 💗
How are you all? I feel extremely weak today but seeing the market green makes me happy even though that means my trade is running in a loss

I looked up the reason behind the green candles and here's what I found:

"The crypto market is trading in the green today, July 2, 2026, primarily due to softening macroeconomic inflation fears and a relief rally following optimistic comments from Federal Reserve Chair Kevin Warsh.

The primary catalysts driving the widespread market rebound include:

1. MACROECONOMIC RELIEF FROM THE FEDERAL RESERVE
Fed Chair Remarks: In his speech at the ECB Forum in Sintra, Fed Chair Kevin Warsh acknowledged that short-term inflation expectations and risks have eased in recent weeks.

Interest Rate Sentiment: This struck a significantly softer tone than previous hawkish policy trends, easing investor anxieties regarding imminent interest rate hikes and reducing the opportunity cost of holding non-yielding digital assets.

2. FALLING US DOLLAR AND CRUDE OIL PRICES
Risk-On Reversal: The US Dollar Index and global crude oil prices plummeted to four-month lows. A weakening greenback historically functions as a direct tailwind for risk-on assets like Bitcoin and Ethereum.

Geopolitical De-escalation: Geopolitical tensions eased as U.S. and Iranian officials established maritime security communication channels, calming global supply disruption and inflation fears.

3. MARKET MECHANICS AND SHORT SQUEEZES
Liquidation Cascade: As Bitcoin firmly reclaimed the psychological $60,000 support floor overnight, overleveraged bears were caught off guard. This triggered massive daily liquidations, including over $265 million in short positions, which mechanically forced short-covering and accelerated the upward price momentum.

Long-Term Capital Absorption: Despite record-breaking spot ETF outflows logging over $4 billion across June, long-term Bitcoin holders absorbed the institutional selling pressure by aggressively buying the macro dip over the past two weeks"

Are we back??